Itv Share Discussion Threads

[stansmith3] 08/3/2021 10:18

nigeim talking about people on here, not itvits been shown on here by discodave and myself what is required to move the needleno one has ever put their numbers up or contested what we saidthey dont reply or couch everything in slow burn, long term or other waffleif youre going to mention it as a positive expect to be challenged on itanother britbox chat goes by with nothing substantial behind it......

[hades1] 08/3/2021 10:04

It should have been developed years ago but it needed BBC agreement.
It offers another way to monetize their content.
It's an investment in the future.
The technology now developed can be utilized elsewhere within ITVs business - it also makes the business more attractive to others!
It is a long term investment but the USA success is an unforeseen bonus.

[nige co] 08/3/2021 09:46

To be fair Stan, ITV have never claimed to be a competitor of Netflix or any other large streamer. I just see Britbox as a potential bonus, but further down the line, 5 years or more.

[hades1] 08/3/2021 09:23

US Bond Market jitters now impacting all!
US tech market futures now down over 2% yet again.

[hades1] 08/3/2021 08:59

More importantly let's see if ITV can crack the 120.6p resistance (previous high).
Sadly US Market weakness not helping so this breakout might have to wait until tomorrow.

BritBox is not a challenger to Netflix.
It's a subscription streaming service - that makes it similar to Netflix.
But it's recent success in the USA is nothing short of STAGGERING.

[stansmith3] 08/3/2021 08:56

i think you misunderstand memy only beef is britbox and the way people through it around as an earner or worse a competitor to netflix or disneyim perfectly happy with the rest of itv :)

[hades1] 08/3/2021 08:47

Britbox is only one part of their business.
Probably the bigger long term issue is the movement from terrestrial broadcast platform (freeview) to a form of OTT (freeview).
They are already tackling Connected TVs, Online etc with their ITV HUB.
You need to understand the whole picture and not get preoccupied with just one element.
Just an observation.
ITV are primarily an advertiser funded broadcaster not a subscription broadcaster - they need to develop an effective hybrid model over time.
Wall Street has finally woken up to the potential of these traditional broadcasters.

[davebowler] 08/3/2021 08:43

The Sunday Telegraph: Marshall Wace, a hedge fund chaired by an investor in the Right-leaning TV network GB News, has made a £33 million bet against ITV

[stansmith3] 08/3/2021 08:39

thanksso good absolute numbers that dont translate into share price appreciation when you do the sums?whats a slow burn 5,10,15 years?this is the best time ever for home viewing increaseand you say itv will be supplying the streaming competitors, this is also negative for britbox

[hades1] 08/3/2021 08:11

BritBox
USA 1.7m
UK 0.35m? really depends what you do with the EE subscribers so could be higher.
BritBox in the UK is going to be a slow burn.
BritBox in the UK will not be the major part of this years growth - Australia and S Africa launches will provide growth.
Advertising revenue recovery and studios will drive this year's recovery.
The share prices of all traditional Terrestrial Broadcasters are shooting up on Wall Street! - UP UP UP!
Part of the Wall Street rotation but also driven by the resurgence in global Television Advertising Markets.
There is also now a greater understanding that the traditional broadcasters are major suppliers of programming to the streamers (and they are profitable!).

[stansmith3] 08/3/2021 07:35

What are you hoping from britbox?

How many subscribers / growth rate would you like to see? What do you think that would do to the sp?

I realise britbox is the word people like to mention but never want to justify here.

[hades1] 08/3/2021 06:52

Interesting you expect it to trade down tomorrow?
I am more hopeful.
I expect them to beat 2020 forecasts, announce a return of dividend and hopefully give more forward guidance at least across Q2 - ad revenues up 50-70%(end of lockdown and Euros)?
Even better if they give some calendar guidance but not sure they will?
My only concern is Q1 2021 which I expect will be down c. 7-8% due to extended lockdown two (at least not down 40-50% as April-June 20 lockdown one).
In my view, if they package everything well including a likely BritBox update they will trade higher tomorrow.
Fingers crossed and let's see how they trade today?

[ivanborsky] 07/3/2021 22:32

Results on Tuesday and not a word in the Sunday press apart from the FT. Even the ITV 'experts' at the Sunday Times were absent, no Love Island, no BGT and no Britbox !!! Were they silenced alongside the rest of the tabloid media? If Liberty are looking to takeover ITV, expect the stock to trade down after the figures, they will be looking to pick up stock on the cheap.
And so will I !!!!

[nige co] 07/3/2021 15:47

The big shorter was Goldman Sachs on behalf of Liberty Global. LG have recently recalled their 9.9% shares from GS, so in effect gone long ITV.

[ivanborsky] 07/3/2021 12:48

Hi team, here's the snippet from the FT, I will be back here later this evening.



ITV Studios is set to double its business with streaming platforms this year, as the production arm of ITV tries to recover from the pandemic and adjust to radical changes in the global television market.

Julian Bellamy, the head of ITV Studios, told the Financial Times that 2021 would mark a “step change” in its business, with its American division for scripted drama forecast to generate a third of its revenues from streaming services such as Amazon, Apple and Netflix.

The expansion of ITV Studios has been an important part of the push by ITV, which publishes full-year results on Tuesday, to reduce reliance on its UK free-to-air channels. Studios makes about 8,000 hours of television through 55 production houses, accounting for more than a third of the FTSE company’s revenues for the first half of 2020.

The shift to streaming reflects how the market has transformed for production groups such as ITV Studios, which has thrived on selling hit formats such as The Voice and Love Island to traditional television broadcasters around the world.

On the sales side, Bellamy described the business as “increasingly diversified” towards streaming. “You can see the scale of transformation in the US market. We are seeing a lot of activity,” he said. “But in pretty much every market we are in, we are seeing commissions and development from streaming platforms.

“We feel very confident, and we look at it regularly, that the global demand for content will continue to grow at around 3-5 per cent a year,” he added.

With its traditional focus being unscripted television, ITV Studios had to re-orientate in recent years to position itself for the boom in demand for high-end dramas.

That shift has included partnerships with Jason Blum’s Blumhouse Television, the maker of The Loudest Voice, and Nicola Shindler, the producer behind It’s a Sin, and Italy’s Cattleya, which produced Suburra.

Notable projects with streaming services include the sci-fi thriller Snowpiercer for TNT and Netflix, 10-Year-Old Tom for HBO Max, and the aerobics drama Physical for Apple.

The coronavirus emergency hit the ITV Studios business, forcing it to suspend the vast majority of 230 shows that were being filmed in early 2020.

Revenue declined 17 per cent to £630m during that period, with £397m coming from external sales. Adjusted operating profits for the six months to August almost halved to £62m, partly because of the increased costs of resuming productions during the pandemic.

Bellamy declined to say whether the pick-up in streaming business was making up for the pressures on spending from advertising-funded, traditional television.

“You can see it is a challenging environment, particularly last year,” he said. “But never underestimate the power and resilience of free to air platforms .201;. . [some] bring 8, 9, 10 million people on to a platform in a 60 minute window. No streaming platform in the world that can do that.”

Bellamy also stood by ITV’s decision to invest in Jeffrey Katzenberg’s failed short-form streaming venture Quibi. “We invest in things, and hopefully most of them will come off, but not all of them will. And that’s fine,” he said. “If I had my time again, I think we would still do it, because I still think it was such a brave and original and daring idea.”

[hades1] 07/3/2021 12:46

They have been short ITV for over 2 years.Actually the current short position is considerably lower today than before.

[boix] 07/3/2021 12:43

Search for:
ITV plans to double business with streaming platforms this year

[jacko07] 07/3/2021 12:37

Can't open the FT link, what's it about? anybody know.

[delboy45] 07/3/2021 12:31

Does the shorter know something.

[netcurtains] 07/3/2021 11:54

We have the ex-royal family on ITV on Monday.
That has to generate some MASSIVE TV adverts...
HUGE MONEY MAKING for ITV.

[stansmith3] 07/3/2021 11:37

well.....




viewable outside of advfn for some reason

[hades1] 06/3/2021 21:05

A strange story as not really news and could be positive or negative although article implies the results are ..... ITV “is poised to reveal a hit from the pandemic”.

[prettygreen] 06/3/2021 20:37

Hedge fund chaired by GB News investor shorting ITV https://www.telegraph.co.uk/business/2021/03/06/hedge-fund-chaired-gb-news-investor-shorting-itv/?WT.mc_id=tmgliveapp_iosshare_AwyjzNVVXp7c